ZIP Code 15220 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 15220 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in the Pittsburgh area, this ZIP code offers a blend of suburban appeal and economic diversity. With a population of over 18,000 and a median household income of $78,740, ZIP 15220 presents opportunities for homebuyers, real estate investors, agents, small-business owners, and analysts alike. This snapshot, based on 2023 data, breaks down the key metrics to help you make informed decisions.

Population & Households

ZIP 15220 is home to 18,519 residents, making it a moderately sized community with a stable residential base. These individuals are distributed across 9,134 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 9,785, indicating a slight surplus of available properties compared to occupied households. This could suggest opportunities for buyers or renters looking to move into the area, as well as potential for investors eyeing vacant units.

Income & Housing Costs

The median household income in ZIP 15220 is $78,740, which points to a relatively comfortable economic environment for many residents. This income level supports a housing market where the median home value is $216,400—a figure that may appeal to first-time buyers or investors seeking affordable entry points in the Pittsburgh region. For renters, the median monthly rent is $1,190, which aligns with the income levels and suggests a balanced rental market. These metrics indicate that ZIP 15220 offers a cost of living that could suit a range of budgets, whether you’re buying, renting, or planning a business that relies on local spending power.

Race & Ethnicity

The demographic composition of ZIP 15220 reflects a diverse yet predominantly white population. Approximately 69.75% of residents identify as white, while 16.02% are Asian, 6.75% are Black, and 0.53% identify as Hispanic. This diversity, particularly the notable Asian population, may influence local culture, cuisine, and community events, offering a unique blend of perspectives. For businesses, this mix could shape customer preferences and marketing strategies, while homebuyers might appreciate the multicultural environment as a draw for family life or social engagement.

Key Facts

• Total population: 18,519 residents in ZIP 15220 as of 2023.
• Total households: 9,134, indicating a strong residential presence.
• Total housing units: 9,785, with some availability for new occupants.
• Median household income: $78,740, supporting a stable local economy.
• Median home value: $216,400, an accessible price point for many buyers.
• Median rent: $1,190 per month, reflecting a reasonable rental market.
• Racial composition: 69.75% white, 16.02% Asian, 6.75% Black, 0.53% Hispanic.

What This Means for You

For homebuyers, ZIP 15220 offers a promising mix of affordability and community size. With a median home value of $216,400, it’s a viable option for those entering the market or upgrading within the Pittsburgh area. The slight surplus of housing units (9,785 total versus 9,134 households) suggests you might have room to negotiate or find a property that fits your needs without intense competition.

Real estate investors and agents can see potential in the area’s stable population and income levels. The median household income of $78,740 indicates residents have disposable income, which could support rental demand or property appreciation over time. The diversity in the area also means a varied tenant pool, which can be a plus for filling vacancies.

Small-business owners should note the demographic diversity and income stability as key factors for success. The notable Asian population (16.02%) could inspire niche offerings, such as cultural goods or services, while the overall population of 18,519 provides a solid customer base. The median rent of $1,190 also suggests that commercial leasing costs might be manageable for startups or expanding ventures.

Analysts looking at ZIP 15220 will find a balanced dataset to explore trends in housing and demographics. The interplay of income, home values, and racial composition offers a microcosm of suburban dynamics worth studying for broader market insights.

Run This Study Yourself

• Curious about other ZIP codes or deeper insights into ZIP 15220? Start by visiting ZipcodeGPT to access powerful demographic tools.
• Enter any ZIP code to generate a detailed report tailored to your needs, whether for buying, investing, or business planning.
• Use the data to compare areas, spot trends, and make confident decisions with up-to-date metrics at your fingertips.